SWBI vs. RGR

Last updated Jun 3, 2026

SWBI (Smith & Wesson Brands, Inc.) and RGR (Sturm, Ruger & Company, Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, SWBI returned 0.62%/yr vs -1.10%/yr for RGR. At a 0.41 correlation, their price movements are largely independent.

Performance

SWBI vs. RGR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Smith & Wesson Brands, Inc. (SWBI) and Sturm, Ruger & Company, Inc. (RGR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SWBI achieves a 56.57% return, which is significantly higher than RGR's 19.54% return. Over the past 10 years, SWBI has outperformed RGR with an annualized return of 0.62%, while RGR has yielded a comparatively lower -1.10% annualized return.

SWBI

• 1D: 1.12%
• 1M: -1.67%
• YTD: 56.57%
• 6M: 79.43%
• 1Y: 71.64%
• 3Y*: 12.92%
• 5Y*: -3.50%
• 10Y*: 0.62%

RGR

• 1D: -0.26%
• 1M: -9.76%
• YTD: 19.54%
• 6M: 27.80%
• 1Y: 10.47%
• 3Y*: -8.30%
• 5Y*: -9.66%
• 10Y*: -1.10%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SWBI vs. RGR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SWBI Smith & Wesson Brands, Inc.	56.57%	3.12%	-22.59%	62.17%	-49.58%	1.64%	150.33%	-27.84%	0.16%	-39.09%
RGR Sturm, Ruger & Company, Inc.	19.54%	-6.13%	-20.91%	-8.04%	-15.41%	9.30%	50.28%	-10.14%	-2.84%	8.65%

Correlation

The correlation between SWBI and RGR is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Aug 18, 1999	0.41

Over the past year, SWBI and RGR have become more correlated (0.71) than their long-term average of 0.41, meaning their price movements have been converging.

Fundamentals

Market Cap SWBI : $686.27M RGR : $631.05M
EPS SWBI : $0.27 RGR : -$0.73
PS Ratio SWBI : 1.40 RGR : 1.15
PB Ratio SWBI : 1.89 RGR : 2.23
Total Revenue (TTM) SWBI : $486.22M RGR : $551.68M
Gross Profit (TTM) SWBI : $128.56M RGR : $79.33M
EBITDA (TTM) SWBI : $21.91M RGR : -$2.50M

Return for Risk

SWBI vs. RGR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SWBI

SWBI Risk / Return Rank: 81
SWBI Sharpe Ratio Rank: 82
SWBI Sortino Ratio Rank: 81
SWBI Omega Ratio Rank: 87
SWBI Calmar Ratio Rank: 78
SWBI Martin Ratio Rank: 76

RGR

RGR Risk / Return Rank: 46
RGR Sharpe Ratio Rank: 50
RGR Sortino Ratio Rank: 43
RGR Omega Ratio Rank: 46
RGR Calmar Ratio Rank: 45
RGR Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SWBI vs. RGR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Smith & Wesson Brands, Inc. (SWBI) and Sturm, Ruger & Company, Inc. (RGR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SWBI	RGR	Difference
Sharpe ratio Return per unit of total volatility	1.59	0.30	+1.29
Sortino ratio Return per unit of downside risk	2.43	0.59	+1.84
Omega ratio Gain probability vs. loss probability	1.39	1.09	+0.30
Calmar ratio Return relative to maximum drawdown	2.49	0.22	+2.27
Martin ratio Return relative to average drawdown	5.39	0.49	+4.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SWBI vs. RGR - Sharpe Ratio Comparison

The current SWBI Sharpe Ratio is 1.59, which is higher than the RGR Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of SWBI and RGR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SWBI	RGR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	0.30	+1.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.07	-0.32	+0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.01	-0.03	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.21	-0.05

Drawdowns

SWBI vs. RGR - Drawdown Comparison

The maximum SWBI drawdown since its inception was -96.15%, which is greater than RGR's maximum drawdown of -79.69%. Use the drawdown chart below to compare losses from any high point for SWBI and RGR.

Drawdown Indicators

	SWBI	RGR	Difference
Max Drawdown Largest peak-to-trough decline	-96.15%	-79.69%	-16.46%
Max Drawdown (1Y) Largest decline over 1 year	-27.81%	-38.79%	+10.98%
Max Drawdown (3Y) Largest decline over 3 years	-54.24%	-46.00%	-8.24%
Max Drawdown (5Y) Largest decline over 5 years	-75.38%	-60.59%	-14.79%
Max Drawdown (10Y) Largest decline over 10 years	-81.49%	-60.59%	-20.90%
Current Drawdown Current decline from peak	-48.18%	-46.60%	-1.58%
Average Drawdown Average peak-to-trough decline	-49.48%	-31.95%	-17.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.81%	17.43%	-4.62%

Volatility

SWBI vs. RGR - Volatility Comparison

The current volatility for Smith & Wesson Brands, Inc. (SWBI) is 7.50%, while Sturm, Ruger & Company, Inc. (RGR) has a volatility of 9.67%. This indicates that SWBI experiences smaller price fluctuations and is considered to be less risky than RGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SWBI	RGR	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.50%	9.67%	-2.17%
Volatility (6M) Calculated over the trailing 6-month period	31.52%	19.88%	+11.64%
Volatility (1Y) Calculated over the trailing 1-year period	45.45%	35.39%	+10.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.71%	30.35%	+17.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.72%	33.17%	+18.55%

Dividends

SWBI vs. RGR - Dividend Comparison

SWBI's dividend yield for the trailing twelve months is around 3.40%, more than RGR's 1.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RGR Sturm, Ruger & Company, Inc.	1.00%	1.90%	1.95%	2.79%	14.66%	4.94%	10.00%	1.74%	2.07%	2.44%	3.28%	1.85%
SWBI Smith & Wesson Brands, Inc.	3.40%	5.27%	5.05%	3.39%	4.38%	1.63%	0.56%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

SWBI vs. RGR - Profitability Comparison

The chart below illustrates the profitability comparison between Smith & Wesson Brands, Inc. and Sturm, Ruger & Company, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SWBI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Smith & Wesson Brands, Inc. reported a gross profit of 35.59M and revenue of 135.71M. Therefore, the gross margin over that period was 26.2%.

RGR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sturm, Ruger & Company, Inc. reported a gross profit of 28.08M and revenue of 141.36M. Therefore, the gross margin over that period was 19.9%.

SWBI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Smith & Wesson Brands, Inc. reported an operating income of 6.71M and revenue of 135.71M, resulting in an operating margin of 5.0%.

RGR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sturm, Ruger & Company, Inc. reported an operating income of -1.95M and revenue of 141.36M, resulting in an operating margin of -1.4%.

SWBI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Smith & Wesson Brands, Inc. reported a net income of 3.75M and revenue of 135.71M, resulting in a net margin of 2.8%.

RGR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sturm, Ruger & Company, Inc. reported a net income of 128.00K and revenue of 141.36M, resulting in a net margin of 0.1%.

Frequently Asked Questions

Can I hold both SWBI and RGR in my portfolio?

SWBI and RGR have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SWBI or RGR?

RGR has higher volatility (9.67%) compared to SWBI (7.50%). In terms of maximum drawdown, SWBI dropped -96.15% vs RGR's -79.69%.

Which has better risk-adjusted returns?

SWBI currently has the higher Sharpe Ratio (1.59 vs 0.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.